Clearstream, part of Deutsche Börse Group, has launched a tokenized securities platform called D7 DLT. The platform uses distributed-ledger technology and complies with the central securities depository regulation. It complements Clearstream's existing D7 digital issuance platform, allowing clients to choose between digital and tokenized securities.

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The launch follows Clearstream’s involvement in earlier DLT trials with the European Central Bank in 2024. During these trials, the firm executed live bond issuances entirely on distributed-ledger technology, testing the platform’s ability to handle multiple asset classes and central bank digital currency positions.

D7 DLT Available to International Issuers for CPs and MTNs

D7 DLT will first be available internationally to issuer clients of Clearstream Banking S.A. The initial expected issuances include commercial papers and medium-term notes, which benefit from faster issuance and intraday funding.

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Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream, said the platform "offers the flexibility to choose between digital and tokenized issuance" and addresses current client needs while supporting future developments in capital markets.

Clearstream’s new tokenised securities platform released. D7 DLT is designed to facilitate the issuance and management of securities, based on distributed ledger technology https://t.co/7Ko1zm5L1q #fundadmin #Custody pic.twitter.com/DhwjnP80JU

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Google Cloud Provides Infrastructure Support

Google Cloud, a strategic partner of Deutsche Börse Group, provides the infrastructure and technical support for D7 DLT. Matt Renner, President, Global Revenue at Google Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term, said the collaboration combines "secure and scalable infrastructure with Clearstream's expertise in distributed ledger technology" to support securities issuance and management.

Clearstream highlighted that D7 DLT updates issuance and lifecycle management, provides transparent and secure records of ownership, and integrates with existing market infrastructure, including Deutsche Börse Group's 360X multi-lateral trading facility.